Investment Info:

Other wholesale investment.

Purchase price: $500

Cash invested: $8,000

Sale price: $16,000

The amount of work it took just to clear title was the hardest part. This was a lot tha...

Effectively though, since nothing has been approved by the IRS, you'll need to be sure the position you're taking is conservative enough to be able to successfully defend if challenged.

That book led me to The Book on Flipping Houses by J Scott, and I am now in the process of reading The Art of the Slow Flip by Scott Jelinek.

Keep the dream alive mateI love the saying "Make a passion an obsession and you will never work a day in your life".I worked as a laborer on commercial sites.Saved $50,000 in 4 years and bought my first property in 2011.13 years later and I stopped counting a 1,000 deals.Made a fortune and lost a fortune but that's the game.As long as you make more than you loose.Had a very successful business fella tell me one day "You can't go broke making a profit, even if it's just $1"Wishing you much success

I have been VERY successful at doing that (as have others I've spoken with), and I attribute this to doing the things I mention above.

I've been wondering if I should become a real estate agent and start the process of getting my license at 18?

Way to go and cheers on your success!

But as a loan officer I have not been able to successfully close due in part to the subject properties and in part due to the 203k process.

Here are some things to consider when deciding whether to lower the rent: Evaluate Market Demand,Assess Feedback, Be Flexible, Remember, finding the right balance between maximizing rental income and minimizing vacancy is key to successful property management.

I have questions regarding the DSCR loan process and the associated closing cost.